BSkyB delivers a solid performance

摘要

BSkyB delivered a solid set of results for its third quarter and hailed its "resilient" business model in what it described as "challenging" market conditions. The pay-television company added 56,000 digital-satellite subscribers in the three months ending March 31, compared to a 51,000 increase during the same period last year and down from 167,000 in the pre-Christmas quarter. BSkyB ended the first three months of 2008 with nearly 8.9 million customers. Analysts at Morgan Stanley said in a note to clients: "Gross adds fell as expected but this was due to lower above the line advertising spend which had beneficial impact on Ebita line."